CRYPTO

Why HODL for 48 hours? Because your altcoin wallet will thank you


It may seem that the volatility of digital asset prices and the lightning speed of the crypto market mean that those who work fast get the most rewards.

And this is especially true in certain cases – for example, when the announcement of a token list is first published on Coinbase or Binance, and the property price line becomes vertical.

But in many cases the tortoise beats the rabbit.

This principle clearly works when traders use quant-style tools to improve their decision making. An example is the VORTECS ™ score, an algorithmic comparison between an in-historical and current market pattern and social activity around a currency.

Although VORTECS histor algorithm historians around crypto assets have historically been trained to detect bull stagnation, high scores are rarely followed by immediate price increases. In fact, the highest earnings consistently come in the next few days after the highest score is displayed. What does this reveal about the nature of the crypto market?

Early birds get worms (but wait for it to eat)

Available exclusively to customers of Cointelegraph Markets Pro, the VORTECS ™ score is an artificial intelligence-driven indicator that finds historic historical matches across a multidimensional set of variables. These include changes in crypto asset prices, trading volume, social sentiment and tweet volume, among others.

The higher the VORTECS ™ score, the more confident the model is that the observed adjustment of the original metrics around the token is in line with past conditions that predict significant value increases. Scores above 80 are confidently considered bullish, while a rare view of 90+ scores suggests that the wealth outlook is highly favorable, judging by the historical record of price action.

The timing, however, is intentionally unclear because the model is designed to detect conditions that were previously 12 to 72 hours prior to assembly. In fact, although the algorithm is designed to flag bullish conditions as quickly as possible, it consistently delivers the best results to crypto traders in a matter of hours instead of days.

Data Historical data shows that, on average, the highest score of VORTECS high scores is consistent with small returns within six hours of reaching the scores of assets0, 5, and of0.

Thus, crypto investors who rely on Markets Pro data to refine their trading strategies are often tempted to lock in early profits. However, the same data suggests that it often means staying stable rather than achieving initial profits.

HODL, if only for a day or two?

The average earnings are presented in the table below after a crypto asset clears scores of 80, 85, or 90 in one week. Each asset can provide only one observation per day, meaning that if a currency moves from to to 11, back to 79 and again to 800 within a few hours, only the first entry of +0+ will be counted.

As can be seen in the table, the more time elapsed after clearing the সী 80, 85, or 90 VORTECS ™ score limit, the more likely they are to give a large return. Although these figures only reflect price movements from one week onwards, the pattern is actually observed very consistently throughout the history of Markets Pro in early 2021.

In fact, 48 hours is not the limit. When it comes to ultra-high scores above 90, some Market Pro customers report that such currencies hold consistently large profits as a result of holding for a full week or 168 hours.

These observations indicate that the crypto market may not be as chaotic and surprising as many believe. While many of the moves are clearly driven by FUD and promotion waves, the broad market for digital assets demonstrates recognizable regularity and repetitive patterns of trading and social activities that can take days and weeks before assets move.

Cointelegraph Markets Pro’s VORTECS ™ score is an easy way to identify the conditions that led to these steps – as soon as possible. It is up to the individual trader to decide when to make a profit.

Cointelegraph Markets Pro is available exclusively to members on a monthly basis for 99 per month, or with two free months annually. It carries a 14-day money-back policy to ensure that it matches the investment required for crypto trading and customer research, and that members can cancel at any time.

Cointelegraph is a publisher of financial information, not an investment advisor. We do not offer personalized or personalized investment advice. Cryptocurrencies carry significant risks, including volatile investments and permanent and complete losses. Past performance is not indicative of future results. Accurate at the time of writing statistics or charts or otherwise as specified. Live-tested techniques are not recommended. Consult your financial advisor before making a financial decision.